New Delhi, India :
India is emerging as a top contender in the global artificial intelligence (AI) race, according to Ashish Chauhan, CEO of the National Stock Exchange (NSE). Chauhan believes India will be “the biggest winner of the AI revolution”, as the technology becomes more democratized and accessible across industries.
While the United States has long dominated AI through trillion-dollar models and advanced infrastructure, Chauhan highlights a key disruption — the rise of open-weight AI models from China and other nations, which are breaking the monopoly of deep-pocketed Western players. He says these new models are proving equally effective, signaling a power shift in global AI innovation.
Chauhan compares this to India’s earlier success in the IT revolution: “India didn’t invent chips or networks, but became one of the biggest winners. The same can happen in AI.”
India’s human capital, adaptability, and policy momentum are now its strongest assets. With AI progressing at a pace “no one can fully control,” Chauhan urges Indian policymakers and businesses to act fast — combining AI with emerging technologies like robotics and automation to capture the next wave of growth.
This prediction aligns with India’s broader digital strategy — positioning itself as a global AI hub for innovation, research, and scalable deployment.
